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Dec 1, 2012
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this is president obama a in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board, i'll sign this bill as soon as congress send it my way. but, it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage metaphor one step further and brings to mind a memorable movie scene. >> unfortunately, some on the other side of the aisle are advocating a disastrous thelma and louise strategy that would take us over the cliff putting families and small businesses and weak economy in further jeopardy. >> negotiations will continue on capitol hill next week. president obama has said he wants to get a deal done by christmas day. >>> well, tragedy on the campus of caspar college in wyoming where
this is president obama a in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board, i'll sign this bill as soon as congress send it my way. but, it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they...
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Dec 6, 2012
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we can't sit here and negotiate with ourselves. >> that is president obama and the democrats to save you for being higher taxes. >> this fiscal cliff thing, the problem with the republicans larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> with which i agree but i think the risk here for the gop is that they become the party of rich people. and i think you saw that in the election. i don't think that is their intent. i think their intent is quite sound. >> they are becoming the party of rich white older men. you can't think of any other section of the community right now thinking the republican party is for me. >> i think that is why the politics of this make it possible to go over the cliff. i think the democrats see if we go over the cliff the republicans get blamed. meanwhile. i think the republicans
we can't sit here and negotiate with ourselves. >> that is president obama and the democrats to save you for being higher taxes. >> this fiscal cliff thing, the problem with the republicans larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate that if he goes over, that they are going to save the backsides of the wealthy 2% of...
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Nov 30, 2012
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can we expect to see a different obama? it struck me that the one thing he's not that good at actually is negotiating. if you compare him to somebody like bill clinton, i remember interviewing both president clinton and also newt gingrich. after a few early skirmishes which led to big problems, they then sort of got a new system together where they would get in a room, chuck all the advisors out and get stuff done. i just can't imagine that happening with barack obama and john boehner. they just seem complete polar opposites. >> as you suggested, obama doesn't really have an appetite for this sort of thing. we saw that last time around and if you read bob woodward's "the price of politics" it's one of the themes that comes through loud and clear. he's doing some things differently this time, though and one thing that i think is very interesting, he's taking his case to the american people and doing it day after day. all of us have talked on this show and other places about how bad the president has been in the past on selli
can we expect to see a different obama? it struck me that the one thing he's not that good at actually is negotiating. if you compare him to somebody like bill clinton, i remember interviewing both president clinton and also newt gingrich. after a few early skirmishes which led to big problems, they then sort of got a new system together where they would get in a room, chuck all the advisors out and get stuff done. i just can't imagine that happening with barack obama and john boehner. they...
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Dec 5, 2012
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part of the negotiations to avoid that fiscal cliff, he made that offer to president obama that includes $800 billion in tax revenue. he wants to overhaul the entire tax code, close loopholes, things like that. he's waiting for a response from the president. listen to what he said. >> you know, this week we made a got faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. and, frankly, it was the balanced approach that the president has been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> okay. let's talk about that response from the white house. dan loatthian has been covering that story for us. will it be forthcoming? >> reporter: they did get that offer and the response from the white house was, quote, magic beings and fairy dust. that's how he feels about that. you heard him repeat that in the bloomberg television interview. there is no deal unless taxes go up on wealthiest americans. that's the message that you will hear from the president as
part of the negotiations to avoid that fiscal cliff, he made that offer to president obama that includes $800 billion in tax revenue. he wants to overhaul the entire tax code, close loopholes, things like that. he's waiting for a response from the president. listen to what he said. >> you know, this week we made a got faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. and, frankly, it was the balanced...
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Nov 30, 2012
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boehner grand bargain that was negotiated and almost done in the summer of 2011. the fact that we couldn't make that deal then i think's a tragedy for the country. one of the thing's it did was lead to that aaa downgrading. that was unnecessary. >> let me just follow up on this point of what republicans should accept. you said you'd go back to the clinton era tax rates if you could get the spending that went with it. there are some in the republican party like congressman tom cole congress them saying let's just do that. let the rates go up for those at the top, then wait and negotiate. is there anything about that that you think could make sense? >> that's not a negotiation. the president's not going to then lower those rates. >> that might be a capitulation. >> yeah, it is a capitulation. the president thinks he's got all the cards. the republicans position improves at the beginning of the year and frankly, there are a number of people coming back, people who contributed to this mess and i'm not sure as a citizen i want them to be the ones who fix it. >> aren't
boehner grand bargain that was negotiated and almost done in the summer of 2011. the fact that we couldn't make that deal then i think's a tragedy for the country. one of the thing's it did was lead to that aaa downgrading. that was unnecessary. >> let me just follow up on this point of what republicans should accept. you said you'd go back to the clinton era tax rates if you could get the spending that went with it. there are some in the republican party like congressman tom cole...
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it's been 16 days since president obama and congressional leaders gathered to talk about how to avoid the fiscal cliff, the automatic spending cuts and tax increases that go into effect january 1. >> i think we're farther apart but we're coming together. >> i think we're nowhere, period. >> thursday treasury secretary tim geithner presented obama's plan, including $1.4 trillion in tax increases. >> there's not going to be an agreement without rates going up. >> president obama also proposed a $16 billion of spending cuts. >> i'm just flabbergasted. i looked at him and said you can't be serious. >> the house speaker says republicans put increased revenues including efforts to close tax loopholes and put the tax cuts on the table instead of raising tax rates for anyone. >> if there's another way to get income from upper income americans that doesn't hurt our economy, then why wouldn't we consider it. >> those are publicly unchanged deadlines. whether political theater or political reality, there's more to going over the fiscal cliff far beyond hypothetical. >> i think we're going over t
it's been 16 days since president obama and congressional leaders gathered to talk about how to avoid the fiscal cliff, the automatic spending cuts and tax increases that go into effect january 1. >> i think we're farther apart but we're coming together. >> i think we're nowhere, period. >> thursday treasury secretary tim geithner presented obama's plan, including $1.4 trillion in tax increases. >> there's not going to be an agreement without rates going up. >>...
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come down to speaker boehner and president obama. we wait, watch and listen to see if there are hints of progress. none so far. >> kate bolduan reporting live from washington. >>> in washington state, love is in the air. same-sex marriage now legal there. at midnight couples lined up to get a license and the very first couple to tie the knot in seattle. two women together for 35 years. right now same-sex marriage is legal in nine states and the nation's capital while civil unions are available in five other states. >>> smoke them if you got. r recreational marijuana is now legal washington state. pot smokers lit up like it was new year's eve. the new voter approved initiative went into effect at midnight. technically this is illegal. for now the seattle police department is turning a blind eye. last night this notice was sent out to all officers. "until further notice, officers shall not take any enforcement action other than a verbal warning for violation of 1-502." what was it like? >> reporter: well, it was certainly interesting.
come down to speaker boehner and president obama. we wait, watch and listen to see if there are hints of progress. none so far. >> kate bolduan reporting live from washington. >>> in washington state, love is in the air. same-sex marriage now legal there. at midnight couples lined up to get a license and the very first couple to tie the knot in seattle. two women together for 35 years. right now same-sex marriage is legal in nine states and the nation's capital while civil unions...
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Dec 3, 2012
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you know, i will remind you, during the obama care negotiations and back and forth between congress and the president, it was a pretty fascinating thing to air when the president sat down with congress and had his exchange with paul ryan over the intricacies of obama care. it was useful. this could be useful as well. >> i actually agree with will, l.z. i think it would be a real education for people. >> for what people? us. we're the ones that are into this kind of stuff. the american people, they're not. think about the number of people who still think president obama was not born in this country. think about the number of people who believe that president obama is not a christian despite the amount of information we tell them over and over again. they still hold on to their partisan values and thoughts. that's why i don't think this will be productive. because it doesn't really matter how much facts you give people. they're going to believe what they want to believe. >> i just saw the movie "lincoln." that gave me more faith in america. >> i saw "skyfall" instead. i'm thinking everybo
you know, i will remind you, during the obama care negotiations and back and forth between congress and the president, it was a pretty fascinating thing to air when the president sat down with congress and had his exchange with paul ryan over the intricacies of obama care. it was useful. this could be useful as well. >> i actually agree with will, l.z. i think it would be a real education for people. >> for what people? us. we're the ones that are into this kind of stuff. the...
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we can't sit here and negotiate with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their intent. i think their tax ref
we can't sit here and negotiate with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that...
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obama won't negotiate on his own and republicans are now scared to negotiate with him. joining me now is jared bernstein from budget and policy priority. great blogger. former chief economist for vice president joe biden. good to see you. thank you for being here on a friday. >> can't think after better way to start my weekend than talking fiscal cliff to you. >> means a lot to me. >> i know. >> the daily beast said obama just got re-elected. it is a classic time for magnonimity. which i think i just mispronounced. do you think obama has a hard line at the wrong time? >>. if sullivan means that obama should negotiate with himself, which you point out, hasn't worked for him before, and b, isn't the way it move forward once you won an election with the what you are arguing over, i disagree. the right way to negotiate is not to come out and say, here is what we want republicans. here is what we want. here is your opening bid as you correctly name this, let's hear yours. >> one thing ways surprised to see in the white house opening bid, the fiscal cliff, which we like to ca
obama won't negotiate on his own and republicans are now scared to negotiate with him. joining me now is jared bernstein from budget and policy priority. great blogger. former chief economist for vice president joe biden. good to see you. thank you for being here on a friday. >> can't think after better way to start my weekend than talking fiscal cliff to you. >> means a lot to me. >> i know. >> the daily beast said obama just got re-elected. it is a classic time for...
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president obama isn't negotiating like we just heard. he's negotiating to raise the tax rates on the rich as a downpayment on a larger deal to come later as far as taxes are concerned and medicare is concerned. >> let's allow higher rates to go up for the top two percent, that includes all of you, yes. but not in anyway that's going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases next year. 97% of small businesses don't see an increase in taxes next year. and by doing that alone, we raise almost a trillion dollars. >> let's bring in our chief political analyst right now, the president also had a specific warning for members of congress, the republicans on the issue of raising the debt ceiling. listen to this. >> if congress in anyway suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history u
president obama isn't negotiating like we just heard. he's negotiating to raise the tax rates on the rich as a downpayment on a larger deal to come later as far as taxes are concerned and medicare is concerned. >> let's allow higher rates to go up for the top two percent, that includes all of you, yes. but not in anyway that's going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases...
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Nov 30, 2012
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a big laugh in your face rejection from republicans over the obama administration's opening negotiation on the fiscal cliff. we're going to take to steny hoyer about what this means for talks from here. and he's defending susan rice and his fellow republicans hammer away at her. former presidential candidate ambassador jon huntsman is going to join us to explain all this. and the best part about this, abby huntsman, his daughter, is going to be on the panel. kind of like their first joint appearance. we're saying ever. we have to fact check that. but we're making history this morning. plus russell simmons bringing art to kids in urban areas. why he's so passion about this cause. and this is a picture everyone on the planet is talking about. the cop who warmed the hears of everyone who's seen this photo, he's going to join us. that and much more coming up on "starting point." it's like 15 minutes away. it's friday. what could be better? >> that is a sharpie, not a pen. thought i'd correct you. >> 44 minutes past the hour. people on the west coast bracing for the threat of flooding and mu
a big laugh in your face rejection from republicans over the obama administration's opening negotiation on the fiscal cliff. we're going to take to steny hoyer about what this means for talks from here. and he's defending susan rice and his fellow republicans hammer away at her. former presidential candidate ambassador jon huntsman is going to join us to explain all this. and the best part about this, abby huntsman, his daughter, is going to be on the panel. kind of like their first joint...
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Nov 29, 2012
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i think people want well thought out negotiated bipartisan solutions to the problem. you don't get that when the president has no plan to close that hole and to deal with medicare and social. and he spends his time not around the negotiating table, but rather conducting rallys outside of town. i just think he's not serious about this. >> the president has said he would support raising the age for medicare coverage for a ten-year period. >> he has said a lot of things at different times, but he has not placed those on the table. we have leading senators like senator durbin who has the courage to deal with these issues. he was on the simpson-bowles committee who said that we can't deal with those now in the dealing with the fiscal cliff, we need to put that off into the future. my experience is what you put off to the future never happen here. >> i hope we can get a deal. >>> me too. >> onavalon joins me along with dan altman. great to see both of you. john let me start with you. cornyn is pessimistic, but the markets are up today, despite the glum faces we have seen. c
i think people want well thought out negotiated bipartisan solutions to the problem. you don't get that when the president has no plan to close that hole and to deal with medicare and social. and he spends his time not around the negotiating table, but rather conducting rallys outside of town. i just think he's not serious about this. >> the president has said he would support raising the age for medicare coverage for a ten-year period. >> he has said a lot of things at different...
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Dec 2, 2012
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how one lingering race might affect speaker boehner's future negotiations with the white house. do you really think brusg is enough to keep it clean? while brushing misses germs in 75% of your mouth, listerine® cleans virtually your entire mouth. so take your oral health to a whole new level. listerine®... power to your mouth™. look this isn't my first christmas. these deals all seem great at the time... but later, not so much. this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own
how one lingering race might affect speaker boehner's future negotiations with the white house. do you really think brusg is enough to keep it clean? while brushing misses germs in 75% of your mouth, listerine® cleans virtually your entire mouth. so take your oral health to a whole new level. listerine®... power to your mouth™. look this isn't my first christmas. these deals all seem great at the time... but later, not so much. this isn't that kind of deal. [ male announcer ] break from the...
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Nov 29, 2012
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a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2
a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest...
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how one lingering race might affect speaker boehner's future negotiations with the white house. walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! i like you todd. i don't like todd because he's quitting. but now i'm hiring a new todd and it could be you. [ male announcer ] go to workforwill.com and try live tiles, that deliver what you want in real time. only from at&t. rethink possible. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is
how one lingering race might affect speaker boehner's future negotiations with the white house. walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me...
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president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt companies. if you don't know what the fiscal cliff is, you've probably been living under a rock. i found this explanation. this is mr. burns from the simpsons. >> think of the economy as a car and the rich man is the driver. if you don't give the driver all the money, he'll drive you over a cliff. it is just -- >> what actually will happen if america does head toward that fiscal cliff? and go over it even temporarily? cnn money's jean zahadi has been on this story from the very beginning. here is the question at hand. a lot of people are saying, what happe
president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt...
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we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's not where he used to be. he's quadrupled the amount of taxes he demands. he now has to have rates instead of just numbers. it's going to be interesting what he is doing but it appears he's not trying to come to any agreement. his position is one that the senate, the democratic senate, has rejected in the past. >> robert reish, 60% of americans according to a new abc news/"the washington post" poll believes they should raise taxes on those over $250,000 a year. presumably president obama has seen these polls. so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers.
we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's not where he used to be. he's quadrupled the amount of taxes he demands. he now has to...
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i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's a tax cut for all americans. >> reporter: bottom line, anderson, we're talking today but still at stalemate. >> yeah, i mean, it's a sign, jessica and
i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the...
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so in that respect, doesn't this seem just a little too bold and certainly not like the obama of the last term. >> well, that's music to my ears because i think john boehner got the better of the president, frankly, speaker boehner, in the last negotiations that they had in 2011, and it suggests that the president, he does, he has the wind at his back. the piece that's sticking right now should be the easiest, which is locking in 98% of the bush tax cuts. this was something mary worked hard on, people like me opposed them, democrats hated those bush tax cuts. now the president is willing to enshrine 98% of those tax cuts and the republicans can't take yes for an answer because they are not really fighting for lower taxes. they're fighting for the upper 2% of income earners and that's a losing proposition. 70% of americans think those of us who are blessed and are upper income americans ought to pay a little bit more. >> so mary, why doesn't that make sense? shouldn't the winner come in as paul said with the wind at his back. he does have a mandate. >> he does not have a mandate. peop
so in that respect, doesn't this seem just a little too bold and certainly not like the obama of the last term. >> well, that's music to my ears because i think john boehner got the better of the president, frankly, speaker boehner, in the last negotiations that they had in 2011, and it suggests that the president, he does, he has the wind at his back. the piece that's sticking right now should be the easiest, which is locking in 98% of the bush tax cuts. this was something mary worked...
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he is being called in as president obama's point man on the fiscal cliff negotiations. he'll meet with congressional leaders this afternoon. republican representative tom cole. >> we have lots of leverage in this negotiation. nobody wants the spending cuts, particularly democrats on the domestic side to go places. this doesn't deal with that. we still have plenty of leverage in the negotiation. i actually think the american people, number one, should never be used as leverage in a negotiation. >> yesterday, president obama met with corporate ceos who said that a compromise is essential to avoiding the so-called fiscal cliff. here is ceo lloyd blankfein. >> reporter: if this were easy, we wouldn't be standing here having come fabs at the white house how to achieve it. it's going to be difficult. i think what we try to do is we try to get in as good a place as we possibly can. i would rather have more of the -- more of the taxes deferred to beyond the period where the economy is weak. >> well, maybe all of this is working. markets around the world are up today, a sign of
he is being called in as president obama's point man on the fiscal cliff negotiations. he'll meet with congressional leaders this afternoon. republican representative tom cole. >> we have lots of leverage in this negotiation. nobody wants the spending cuts, particularly democrats on the domestic side to go places. this doesn't deal with that. we still have plenty of leverage in the negotiation. i actually think the american people, number one, should never be used as leverage in a...
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Dec 1, 2012
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just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it may way. but it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage met foaphor one step further. >> unfortunately, some on the other side of the aisle are proposing a disastrous thelma and louise strategy, putting our already weak economy in further jeopardy. >> president obama says he wants to get a deal done by christmas, but both republicans and democrats will have to come together to make that happen. jessica yellen
just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it...
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Dec 7, 2012
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>> in fact, these numbers are huge for those negotiations. president obama's argument has been that the economy is doing well enough that it could handle a tax hike. if the economy were in recession, as we saw last time, he would be reluctant to lift that top rate. if the economy is growing sharply, then if there's some damage from lifting the top rate, maybe the economy could afford it. gdp growth number is not as strong as the jobs report f we had a really weak jobs report, the president would have a really hard time, even getting moderate democrats, to increase the marginal rate. the fact that it's a strong report puts wind in his sails. >> kevin, you've touched on it a little bit. can you be more specific about what you think we're missing from today's report? >> well, i think that what's missing from the report, if we're looking at the health of the overall economy, is that businesses are really pessimistic right now. we've had five months in a row where the orders for capital goods have been going down and, in fact, going down sharply.
>> in fact, these numbers are huge for those negotiations. president obama's argument has been that the economy is doing well enough that it could handle a tax hike. if the economy were in recession, as we saw last time, he would be reluctant to lift that top rate. if the economy is growing sharply, then if there's some damage from lifting the top rate, maybe the economy could afford it. gdp growth number is not as strong as the jobs report f we had a really weak jobs report, the...
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Dec 4, 2012
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. >> let's talk about the negotiations themselves. president obama put out his plan. the republicans rejected it. the republicans put out a plan yesterday, and the president rejected it. what should we make of this? >> reporter: well, right now it shows at least publicly both sides are fully entrenched in not wanting to budge on some very specific issues. the president wanting taxes to go up on wealthy americans, those extension only for middle class americans. republicans saying no way at all, and beyond that while they might have some agreement on other issues, those remain the sticking points. i did hear from an administration official a short time ago who told me no update whatsoever when i asked whether or not there would be some counteroffer, i guess, the counteroffer from republicans. so that remains the big sticking point, and it appears that until there's some movement on that, there really won't be an agreement. >> and before you go, i understand speaker boehner and the president were at a holiday reception and, well, what happened? >> well, you know, as you
. >> let's talk about the negotiations themselves. president obama put out his plan. the republicans rejected it. the republicans put out a plan yesterday, and the president rejected it. what should we make of this? >> reporter: well, right now it shows at least publicly both sides are fully entrenched in not wanting to budge on some very specific issues. the president wanting taxes to go up on wealthy americans, those extension only for middle class americans. republicans saying no...
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Dec 5, 2012
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the democrats and some in the press called that a failed negotiation. they didn't finish the sentence. we failed to raise taxes to let the government spend more money. >> but we still were running trillion-dollar deficits. >> yes, the government is spending too much money, and unfortunately, obama has committed to spending more money. he has a trillion -- there's $1 trillion of tax increases baked into the cake because of obama's 20 taxes in obamacare. 90% of those tax increases that obama put into obamacare were conveniently put in to take effect after he got re-elected to the presidency. so there a massive tidal wave of obama tax increases coming at the american people, starting in january. has nothing to do with the fiscal cliff. but it has everything to do with obamacare. >> now, it is true that a lot of those taxes did take place after the election. that's something we pointed out and is a fair point. but let me just ask you about the compromise we have to go to. because like i said, again, to get this done, taxes are -- i mean, they're going to go
the democrats and some in the press called that a failed negotiation. they didn't finish the sentence. we failed to raise taxes to let the government spend more money. >> but we still were running trillion-dollar deficits. >> yes, the government is spending too much money, and unfortunately, obama has committed to spending more money. he has a trillion -- there's $1 trillion of tax increases baked into the cake because of obama's 20 taxes in obamacare. 90% of those tax increases...
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Dec 6, 2012
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president obama said i'm sticking to my guns also. the president is warning the republicans next move will be to use the upcoming vote on the debt ceiling as leverage in the budget battle. let's listen. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >> i will not play that game. >> yes. >> is that something republicans are considering, and if so, i guess how would the white house respond? although i guess we're seeing a little bit of it there. >> i think you clearly see how the president would respond. this is where the question of leverage comes in to play. he came out of the election, he says that he ran on this issue of raising tax rates on wealthy. he believes he is very much the leverage in this negotiation and so you don't see him budging. republicans see the little levers that they have in the debt
president obama said i'm sticking to my guns also. the president is warning the republicans next move will be to use the upcoming vote on the debt ceiling as leverage in the budget battle. let's listen. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >>...
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Dec 3, 2012
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there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined, not received very well by republicans on the hill. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid, and social security from imminent bankruptcy. the president's plan when it comes to entitlement reform is just quite frankly a joke so i don't think they're serious about finding a deal. >> so not really good language you're hearing soledad. house speaker john boehner said he found the proposal flabbergasting. he said it's not serious. but you definitel
there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined, not...
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president obama is meeting with mitt romney later today. do you have any idea what they plan to discuss? >> you know, there's a lot of speculation about governor romney playing a role in the administration. but the president himself, during his victory speech after he was re-elected talked about wanting to sit down with mitt romney to talk about ways of moving the country forward. during his post re-election news conference, the president was asked about what roles he could play or if -- what the president hoped to gain from him. the president talked about how mitt romney did a good job with the olympics, and he thought in turning around the olympics, some of that could be used to streamline government and make it more user friendly. that's what we expect for the president to be discussing with mitt romney when they sit down today for lunch at the white house. of course everyone is speculating about some possible role he could play in this white house. it's interesting because it's a very high-profile bipartisan showing from the president t
president obama is meeting with mitt romney later today. do you have any idea what they plan to discuss? >> you know, there's a lot of speculation about governor romney playing a role in the administration. but the president himself, during his victory speech after he was re-elected talked about wanting to sit down with mitt romney to talk about ways of moving the country forward. during his post re-election news conference, the president was asked about what roles he could play or if --...
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that's how new jersey governor chris christie explained his post-sandy praise for president obama. on "the daily show" christie seemed most excited to talk about another bromantic moment, his hug with hometown legend bruce springsteen. >> did you give him -- you also have to give this, the pat or did you just go slow dance? >> no, i went slow dance. >> you've got to be kidding. >> no, i went slow dance. >> you did? >> no pat. slow dance. >> christie would beat spring teen if the rock er ran for governor next year, polls show. >> how funny has he been? >> he is a funny man. >> he has been like killing it. >> great moments. >> he is a real guy, being authentic. that's the debate men have. do you go with the one arm, with the pat? >> we have that all the time. will and i have this bromance going on. >> it was like his life was validated when he got bruce springsteen to say something nice. >> snl, he has been so funny. >> let's talk about something as equally as interesting, the fiscal cliff, shall we? we're going to talk to congressman justin amash, a republican from michigan. and he
that's how new jersey governor chris christie explained his post-sandy praise for president obama. on "the daily show" christie seemed most excited to talk about another bromantic moment, his hug with hometown legend bruce springsteen. >> did you give him -- you also have to give this, the pat or did you just go slow dance? >> no, i went slow dance. >> you've got to be kidding. >> no, i went slow dance. >> you did? >> no pat. slow dance. >>...
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it's a negotiating tactic that president obama always keeps in his tool kit, head to a backyard or living room, sit down with families who say his approach offers economic relief and send a loud message to congress with a personal touch. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> reporter: this time the scene played out in falls church, virginia, at the home of high school teacher tiffany santana and her husband richard who works at a local toyota dealership. also at the table, tiffany's parents who live with them. >> it ain't every day that your president comes into your home. >> reporter: this family's political tattoo is still staked in the front yard. >> i'm concerned. >> reporter: cnn sat down with the santanas after the presidential motorcade road away down james street just nine miles from the white house. because their parents are also middle income wage earners, the entire household would see a $4,000 tax increase if an agreement isn't re
it's a negotiating tactic that president obama always keeps in his tool kit, head to a backyard or living room, sit down with families who say his approach offers economic relief and send a loud message to congress with a personal touch. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> reporter: this time the scene played out in falls church,...
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that is a very long time for them to negotiate and come up with a deal. >> and, jason, president obama is returning to a tactic that he's used in the past. he's taken the pitch on taxes directly to the american people in a trip to pennsylvania today. house speaker john boehner not so happy about it. let's listen for a minute -- >> listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign-style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> well, republicans are reportedly planning their own fiscal cliff pr campaign designed to show that the democrats are simply digging in, they're being stubborn, election is over, shouldn't both sides be focused on doing the job they were elected to do. how do you see it? >> look, you're going to have a bunch of rallying on both sides and some of this is theatrics. it's christmastime. you know how you tell your kids you have to be really good or santa's not going to give you what you want but you know you will buy them th
that is a very long time for them to negotiate and come up with a deal. >> and, jason, president obama is returning to a tactic that he's used in the past. he's taken the pitch on taxes directly to the american people in a trip to pennsylvania today. house speaker john boehner not so happy about it. let's listen for a minute -- >> listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign-style rallies...
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Nov 29, 2012
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president obama today drew a line in the sand. so what does it mean for the future of negotiations? >>> also, we talked to the new york city police officer whose private act of kindness has gone viral.ld o moderate alzheimer's, you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of exelon patch are nausea, vomiting, and diarrhea. the likelihood and severity of these side effects may increase as the dose increases. patients may experience loss of appetite or weight. patients who weigh less than 110 pounds may experience more side effects. people at risk for stomach ulcers who take certain other medicines should talk to their doctor because serious stomach problems such as bleeding may worsen. patients may experience slow heart rate. thirty days of exelon patch free fo
president obama today drew a line in the sand. so what does it mean for the future of negotiations? >>> also, we talked to the new york city police officer whose private act of kindness has gone viral.ld o moderate alzheimer's, you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and...
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what's the next move for the obama administration? we're going to talk to harvard economics progresser ken rogoff. >> we know the identity of at least one of the two big powerball jackpot winners. we'll take you to mark hill's hometown dearborn missouri coming up. bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. no, no, no, stop! humans -- one day, we're coming up with the theory of relativity, the next... stop, stop, stop! my car! not so much. but that's okay. you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car, and we give you the money to buy one a model year newer. learn about it at libertymutual.com. liberty mutual insurance. responsibility -- what's your policy? a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says h
what's the next move for the obama administration? we're going to talk to harvard economics progresser ken rogoff. >> we know the identity of at least one of the two big powerball jackpot winners. we'll take you to mark hill's hometown dearborn missouri coming up. bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. no, no, no,...
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Dec 3, 2012
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this is clearly a different president obama than the one we saw during the debt ceiling negotiations or even after the midterm elections in 2010 when he felt a little weakened and there was the extension of those bush tax cuts for the wealthy. so i think when you're seeing here is a president who put this on the table, trying to please his base, okay? which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the white house expected the republicans to say, oh, thank you mr. president, yes, this looks lovely. let's go on and work on a deal. no, that's not what it was. the white house -- this is alfonse gaston a little bit here. and so they're waiting for the republican response. and what they're really talking about, brooke, is getting some kind of a first step. a down payment. ironically they all know what -- in the big picture needs to be done. they know you have to fix entitlements, do something on the tax side, but they're trying to figure out how to get from here to there. >> and let's just stop the
this is clearly a different president obama than the one we saw during the debt ceiling negotiations or even after the midterm elections in 2010 when he felt a little weakened and there was the extension of those bush tax cuts for the wealthy. so i think when you're seeing here is a president who put this on the table, trying to please his base, okay? which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the...
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this issue is an issue for later in 2013 or maybe even in the second year of an obama administration, because the prospects of making it work now, michael, are slim to none. >> and so it goes on when it comes to israeli palestinian conflict. thanks so much. good to get your thoughts. aaron david miller from the woodrow wilson international center. good to chat with you. >>> the u.s. has fought a hard battle against terrorism over the years and its primary opponent has been recently al qaeda. now we are learning more about the activities of one of its affiliates, a dangerous one in yemen. we'll have a live report. do stay with us. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ aids is going to lose. well that was uncalled for.se. folks who
this issue is an issue for later in 2013 or maybe even in the second year of an obama administration, because the prospects of making it work now, michael, are slim to none. >> and so it goes on when it comes to israeli palestinian conflict. thanks so much. good to get your thoughts. aaron david miller from the woodrow wilson international center. good to chat with you. >>> the u.s. has fought a hard battle against terrorism over the years and its primary opponent has been...